OPEG vs. AURU

Last updated Jun 5, 2026

OPEG (Leverage Shares 2X Long OPEN Daily ETF) and AURU (Tradr 2X Long AUR Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. OPEG charges 0.75%/yr vs 1.30%/yr for AURU.

Performance

OPEG vs. AURU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long OPEN Daily ETF (OPEG) and Tradr 2X Long AUR Daily ETF (AURU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OPEG

• 1D: 3.80%
• 1M: -15.10%
• YTD: -48.11%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AURU

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OPEG vs. AURU - Yearly Performance Comparison

	2026 (YTD)	2025
OPEG Leverage Shares 2X Long OPEN Daily ETF	-48.11%	-33.53%
AURU Tradr 2X Long AUR Daily ETF	9.13%	-33.41%

Correlation

The correlation between OPEG and AURU is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.36

Return for Risk

OPEG vs. AURU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long OPEN Daily ETF (OPEG) and Tradr 2X Long AUR Daily ETF (AURU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OPEG	AURU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.61	—	—

Drawdowns

Drawdown Indicators

	OPEG	AURU	Difference
Max Drawdown Largest peak-to-trough decline	-73.22%	—	—
Current Drawdown Current decline from peak	-65.51%	—	—
Average Drawdown Average peak-to-trough decline	-51.36%	—	—

Volatility

Volatility by Period

	OPEG	AURU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	148.35%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.35%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.35%	—	—

OPEG vs. AURU - Expense Ratio Comparison

OPEG has a 0.75% expense ratio, which is lower than AURU's 1.30% expense ratio.

Dividends

OPEG vs. AURU - Dividend Comparison

Neither OPEG nor AURU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OPEG and AURU in my portfolio?

OPEG and AURU have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OPEG or AURU?

On fees, OPEG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OPEG or AURU?

OPEG is cheaper with a 0.75% expense ratio, compared with 1.30% for AURU.

Which ETF pays a higher dividend yield, OPEG or AURU?

OPEG and AURU have nearly identical dividend yields, around 0.00%.

What is the main difference between OPEG and AURU?

They also come from different issuers: Leverage Shares and Tradr ETFs. Their fees differ too: 0.75% for OPEG and 1.30% for AURU.